New WSO Accounting Foundations Course

Dearest WSO primates, our new Accounting Foundations Course is now available!

If you plan on working in finance, you will need a bulletproof knowledge of accounting. Understanding how the underlying figures are calculated, and how the financial statements are interconnected, will make you that much better at evaluating companies. This is an exercise-based course designed to provide students and professionals who are pursuing a career in finance with practical real-world accounting and financial statement analysis skills.

MORE INFO / PURCHASE NOW

HERE'S JUST SOME OF WHAT YOU'LL GET IN THIS COURSE

The Income Statement (16 video lessons)

Over 2 modules and 16 video lessons, we will introduce and walk through an Income Statement. You will learn about specific line items such as COGS and SG&A as well as metrics such as EBIT and EBITDA. The modules also include a two-part exercise to put theory into practice.

The Balance Sheet (6 video lessons)

This module uses 6 video lessons to introduce the Balance Sheet. We will introduce how Assets and Liabilities are presented in the Balance Sheet and how it links to the Income Statement. We will also continue the exercise from the Income Statement modules.

B/S Left-Hand Side: Assets (5 video lessons)

In this module, we work through 5 video lessons to learn about the many assets presented on the Balance Sheet. You will gain an understanding of Cash, Accounts Receivable, Inventory, Intangible Assets, and Goodwill. The module also goes into detail on Property, Plants, and Equipment (PP&E).

B/S Right-Hand Side: Liabilities & Equity (4 video lessons)

In this module, we work through 4 video lessons that in-depth into the Liabilities and Equity sections of the Balance Sheet. You will gain an understanding of Deferred Revenue, Debt, Accounts Payable, Leases, and how book Equity is determined. To wrap up the Balance Sheet, we will continue the exercise.

The Cash Flow Statement (6 video lessons)

This module uses 6 video lessons to introduce the Cash Flow Statement. We will also walk through the three sections: cash from operating, investing, and financing activities. In the end, the exercise will be revisited and go through a practice interview question.

Non-GAAP Measures, Financial Statement Analysis and Earnings Management (4 video lessons)

In this module, 5 video lessons are used to demonstrate how to analyze financial statements. We will also discuss Net Working Capital and other considerations such as non-GAAP measures and Earnings Management.

WSO Accounting Foundations Course - Video Preview

WSO Video 1.1 - Introduction to WSO and Course Overview v2 - Wall Street Oasis

WSO Video 1.2 - Introduction to Accounting v2 - Wall Street Oasis

MORE INFO / PURCHASE NOW

WSO Elite Modeling Package

  • 6 courses to mastery: Excel, Financial Statement, LBO, M&A, Valuation and DCF
  • Elite instructors from top BB investment banks and private equity megafunds
  • Includes Company DB + Video Library Access (1 year)

Comments (1)

May 27, 2021 - 5:34pm
WSO Monkey Bot, what's your opinion? Comment below:

Aut nisi saepe iure vel suscipit in. In quasi quod quia consequatur distinctio illum hic. Pariatur voluptatem magnam culpa hic odio.

Minima quos est qui odio quo ea itaque. Mollitia velit ex nam cum soluta animi itaque. Voluptatem quo ut unde at. Incidunt ut blanditiis autem iste aut molestias.

Similique omnis blanditiis quibusdam quia voluptatem cupiditate. Assumenda id atque quam. Nulla iure quisquam officia officia consequatur.

Omnis totam quam sunt ea. Dolore beatae culpa occaecati ut et explicabo. Ea fugiat dolorem et velit atque fuga enim. Sint reiciendis sint rem adipisci omnis rerum. In asperiores quos possimus dicta adipisci nam.

Start Discussion

Career Advancement Opportunities

July 2022 Investment Banking

  • Jefferies & Company (▲03) 99.6%
  • Lincoln International (= =) 99.2%
  • RBC Capital Markets (▲07) 98.8%
  • Bank of America Merrill Lynch (▲01) 98.4%
  • Houlihan Lokey (▲06) 98.0%

Overall Employee Satisfaction

July 2022 Investment Banking

  • Lincoln International (▲06) 99.6%
  • Jefferies & Company (▲11) 99.2%
  • Greenhill (▲07) 98.8%
  • Rothschild (▲01) 98.4%
  • Evercore (▽01) 98.0%

Professional Growth Opportunities

July 2022 Investment Banking

  • Jefferies & Company (▲04) 99.6%
  • Lincoln International (▲04) 99.2%
  • RBC Capital Markets (▲09) 98.8%
  • Houlihan Lokey (▲07) 98.4%
  • Bank of America Merrill Lynch (▲04) 98.0%

Total Avg Compensation

July 2022 Investment Banking

  • Director/MD (9) $661
  • Vice President (37) $394
  • Associates (192) $256
  • 2nd Year Analyst (117) $162
  • 3rd+ Year Analyst (17) $156
  • 1st Year Analyst (369) $150
  • Intern/Summer Associate (78) $147
  • Intern/Summer Analyst (292) $92